Company Registration No. 08015268 (England and Wales)
GROOMS INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 March 2023
GROOMS INVESTMENTS LIMITED
Unaudited accounts
Contents
GROOMS INVESTMENTS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr. J. Groom
Mrs G. Groom
Company Number
08015268 (England and Wales)
Registered Office
The Downshire
71 Baldwins Lane, Croxley Green
Rickmansworth
Herrtfordshire
WD3 3LT
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
GROOMS INVESTMENTS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
172,081
172,081
Cash at bank and in hand
10,185
36,881
Creditors: amounts falling due within one year
(122,090)
(157,122)
Net current liabilities
(111,905)
(117,741)
Called up share capital
100
100
Profit and loss account
60,076
54,240
Shareholders' funds
60,176
54,340
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2023 and were signed on its behalf by
Mr. J. Groom
Director
Company Registration No. 08015268
GROOMS INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
GROOMS INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08015268. The registered office is The Downshire, 71 Baldwins Lane, Croxley Green, Rickmansworth, Herrtfordshire, WD3 3LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents buying and selling of own real estate and rental income.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Deferred taxation is accounted for using the liability method in respect of all timing differences to the extent that it is probable that a liability will crystallise at the rates of tax expected to apply when the timing differences reverse.
4
Tangible fixed assets
Land & buildings
GROOMS INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,369
312
Loans from directors
119,701
155,790
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
